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20120928
20121006
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. reforming the tax code, not as easy but not as hard as medicare and medicaid. >> well, let me back you up for a second, because what really we face as we look at the long-term fiscal outlook in the u.s. is a three-part challenge. we know that we have entitlement programs on their currently trajectories are not sustainable. we know that we have a tax code that can almost surely be improved with various reforms and we also know that we have a set of expiring provisions in both the tax code and the budget sequester which starts in january of 2013 if nothing changes which creates a lot of turbulence in fiscal policy unless we do something about that. the real challenge for u.s. policymakers and it's going to be a big challenge after the election, i think, is to try to figure out a way to get through the near term without causing lots of disruption and that probably means trying to avoid going over the fiscal cliff, while at the same time beginning the challenge and process of long-term fiscal adjustments. when i suggest that social security's probably the easiest place to start, it's not some
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